SAN FRANCISCO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been initiated against Snap Inc. (NYSE: SNAP) and certain senior executives. The complaint alleges the company presented a misleading picture of its digital advertising platform's performance and future growth prospects to investors. The lawsuit covers investors who purchased shares between April 29, 2025, and August 5, 2025. This legal action follows a steep drop in Snap's stock price after the company released its seco ...

Group 1 - Company illumin Holdings Inc. will report its second quarter 2025 financial results before market open on August 7, 2025 [1] - A live webcast will be held on August 7, 2025, at 8:30 AM ET, featuring CEO Simon Cairns and CFO Elliot Muchnik discussing the financial results [2] - The company is evolving the digital advertising landscape by providing a customer-centric approach that allows marketers to achieve transformative results [4] Group 2 - illumin's platform integrates programmatic channels, email, and social media, enabling seamless campaign planning and execution across the marketing funnel [4] - The company is headquartered in Toronto, Canada, and serves clients across North America, Latin America, and Europe [4] - For further inquiries, investor relations contacts are provided for both Canada and the U.S. [5]

Core Insights - The Trade Desk (TTD) is a $27 billion digital advertising platform that enables programmatic ad space purchasing across various channels and mediums [1] - The platform allows ad buyers to create, manage, and optimize data-driven campaigns across multiple devices, including computers, mobile devices, and connected TVs [2] - The company has faced declining earnings expectations, with a projected quarterly EPS of $0.25, reflecting a year-over-year decrease of 3.9% [5] - Revenue expectations remain strong at $574.27 million, indicating a 16.9% increase from the previous year [7] Company Overview - The Trade Desk operates a self-service, cloud-based platform for digital advertising, allowing for automated campaign management and optimal ad space acquisition [2] - The company was co-founded by Jeffrey Green, who previously co-founded AdECN, a demand-side advertising platform acquired by Microsoft [4] Earnings Expectations - The upcoming earnings report is anticipated to show a decline in EPS, with full-year 2025 estimates dropping over 10% [6] - The Zacks Rank indicates a -9.45% Earnings ESP for TTD, suggesting potential challenges in profit momentum [8]